Energy Management Systems (EMS) Market Outlook by Shares, Strategies, and Forecasts Analysis 2016 - 2024

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Energy Management Systems (EMS) Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2024

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An Outline of the Global Energy Management
Systems Market

• Industries worldwide are strengthening their
  efforts to reduce their carbon footprint, whether
  it is through referring to environment protection
  activists or following regulatory protocol.
• Reducing the overall pollution in the world is a
  top priority in many countries, and the
  implementation of energy management systems is
  set to be a core requirement for that.
• Companies such as Siemens AG and Johnson
  Controls, Inc. have already pledged to invest
  over US140 bn to improve energy management
  services and help reduce the global carbon
  footprint.

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Industries Across all Regions Strive to Reduce
Costs and Carbon Footprint, Propelling EMS
Services

• Several regulations, policies, labeling programs,
  and incentives have been implemented by
  governments to urge industries to begin adopting
  EMS.
• This is more apparent in the developed regions of
  North America and Europe. The latter region in
  particular has a strict set of energy consumption
  and renewables goals that need to be achieved in
  the stipulated time.
• Both regions hold a key entry point for EMS
  companies the rapid adoption of renewable energy
  resources. EMS can be easily integrated with the
  establishment of new energy sources and power
  generation points to improve the overall
  production and consumption of energy.
• North America is showing a rapidly growing demand
  for EMS in offices, new buildings, and retail
  buildings.

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Opportunities in Automobiles

• Transport industry is one of the largest
  consumers of fossil fuel. While many companies in
  the automobile sector have either rolled out or
  are developing electric or solar-powered
  vehicles, they have not been completely
  successful.
• Being able to only rely on source of power has
  been sensed as a trouble for electric vehicles.
  Hence, a combination of solar and electric power
  is being mulled as a solution. If this is
  successful, then there will be a huge demand for
  energy management systems from the automobile
  sector.

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key EMS players in the world include

• Siemens AG
• Schneider Electric SE
• Pacific Controls
• Honeywell International, Inc.
• Rockwell Automation

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